Olivia is saving for retirement, and she deposits $50 each month into a savings account that pays 6% interest, compounded quarterly. If she saves this amount for 30 years, how much will she have in this account when she retires?
a. $705,679
b. $288,800
c. $28,800
d. $19,080
a. $705,679
You might also like to view...
Add in the indicated base.10112 + 1112
A. 11,0002 B. 10,0102 C. 11,0012 D. 11112
Evaluate the iterated integral.
A.
B.
C.
D.
Solve the problem.A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $67 per toilet. The company expects to sell the toilets for $154. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets.
A. C(x) = 16600 + 67x; R(x) = 154x B. C(x) = 16,667; R(x) = 154 C. C(x) = 67x; R(x) = 154x D. C(x) = 16600 + 154x; R(x) = 67x
Solve.Z = A(1 + x)1/3, for x
A. x = 3
B. x = 3
C. x = 3 - 1
D. x = 3 + 1